UiPath, Inc. insider Raghavendra Malpani reported a change in beneficial ownership of the company’s Class A common stock tied to equity award vesting on July 1, 2026. The Form 4, filed July 2, reports that UiPath withheld shares to cover tax obligations arising when previously granted equity awards vested and settled. The filing identifies a transaction involving 2,095 shares of Class A common stock at a reported price of $10.87 per share. Based on that price, the shares withheld represented approximately $22,773 in value. The transaction was not described as an open-market sale; rather, the explanatory notes state that shares were withheld by the issuer to satisfy tax obligations incurred by Malpani upon the vesting and settlement of performance stock units, or PSUs, and restricted stock units, or RSUs. The filing’s footnotes distinguish the nature of the tax-withholding dispositions: one note applies to shares withheld in connection with PSU vesting and settlement, while another applies to shares withheld in connection with RSU vesting and settlement. Such transactions are common when equity awards vest, as companies often withhold a portion of shares otherwise deliverable to the insider to cover required payroll and income tax withholding. The provided filing text does not disclose Malpani’s beneficial ownership balance after the reported transaction, nor does it show the specific Form 4 transaction code in the excerpt. The report was signed on Malpani’s behalf by Brad Brubaker, attorney-in-fact, on July 2, 2026.